Md. Code, Commercial Law § 14-505

This is the official text of Md. Code, Commercial Law § 14-505, part of Maryland’s Code, Commercial Law — governs commercial transactions - Maryland's version of the Uniform Commercial Code.

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§14–505.

Official statutory text

(a) A person who sells a fine print in violation of this subtitle is liable to the purchaser, on tender by the purchaser of the print, for its purchase price, with interest from the date of payment of the purchase price.

(b) A person who sells a fine print in willfull violation of this subtitle is liable to the purchaser, on tender by the purchaser of the print, for an amount equal to three times the sum of the purchase price and interest from the date of payment of the purchase price.

(c) An action may not be maintained under this section unless brought within one year after discovery of the violation on which it is based and, in no event, more than three years after the print was sold.

Status: in_force · Read it on the official government site

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